8 months ago
Jewellery Stocks Surge on Strong Q3 Performance
Several jewellery companies in India, like Thangamayil, Titan, Senco Gold, and Kalyan Jewellers, have reported strong sales growth in the last quarter.
This is because more people bought jewellery during the festive season and wedding season.
Because of this good news, the stock prices of these companies have gone up a lot.
Thangamayil's stock price, for example, increased by 8.2% in one day and has gone up by 28.5% in just four days.
Investors are happy because these companies are selling more jewellery and making more money.
Thangamayil Jewellery's share price surged 8.2%, reaching a new all-time high of ₹4,149.
Titan's jewellery division reported a 41% YoY growth, driven by festive demand and higher average selling prices.
Senco Gold's revenues rose 51% YoY, with a guidance for 25%+ growth in FY26.
Kalyan Jewellers recorded a 42% YoY revenue growth, with strong same-store sales growth of nearly 27%.
Thangamayil reported a net profit of ₹58.15 crore in Q2, a significant turnaround from a loss last year.
- Who
- Thangamayil Jewellery, Titan, Senco Gold, Kalyan Jewellers
- What
- Stock price surges and strong Q3 performance in the jewellery sector
- Where
- India (BSE and NSE)
- When
- Q3 FY26 (December 2025 quarter)
- Why
- Festive demand, peak wedding season, and higher store footfalls
Bullish Investors
Bearish Investors
Stock Performance
Bullish Investors
Strong Q3 performance and festive demand justify the surge in jewellery stocks.
Bearish Investors
The rally may be overvalued and could face correction due to market volatility.
Key facts
- Thangamayil Share Price Increase
- 8.2%
- Thangamayil 4-Day Gain
- 28.5%
- Senco Gold Revenue Growth
- 51% YoY
- Titan Jewellery Growth
- 41% YoY
- Kalyan Jewellers Revenue Growth
- 42% YoY
- Thangamayil Q2 Net Profit
- ₹58.15 crore
- Thangamayil Q2 Sales Growth
- 45% YoY
- Thangamayil H1 Net Profit Jump
- 167%
Timeline
Luxury travel boom fuels festive jewelry spending.
Then, Indian jewelry firms cash in on wedding demand.
Sales surge triggers stock price rally.
Titan leads the charge, shares soar.
Indian jewelry stocks skyrocket after strong sales.
Quotes
Kalyan Jewellers
A leading jewellery retailer in India.
“The period after Diwali also continued to remain robust despite volatility in gold prices. Growth was broad-based across plain gold and studded categories. The quarter recorded healthy same-store-sales-growth of approximately 27%.”
financialexpress.com
Senco Gold
A jewellery company in India.
“While, we have navigated the peak festive demand, we are prepared for the Q4 wedding season, Valentine’s Day and International Women’s Day as well as other local festivals. We are targeting growth in the region of 18-20% in the studded category through curated collections.”
financialexpress.com
Sources
Jewellery stocks slide despite robust Q3 updates
Thangamayil Jewellery share price surges 8%, gains 28% in 4 days. What’s driving the rally?
Kalyan Jewellers: JM Financial reiterates 'Buy' as revenue growth stays strong
Titan hits all-time high on posting Q3 update; here's what analysts suggest
Beyond M&M: Nomura names 5 ancillary stocks set to ride India’s auto revenue boom
Motilal Oswal’s top 2 jewellery sector stocks with up to 25% upside potential
Titan shares rise nearly 4% after Q3 updates
Related news
LIC Leads NSE IPO Bidding as Institutional Demand Surges
Glass Wall Systems Shares Hit Record High After IPO Rally
Sensex, Nifty Rise as Global Markets Rally, Crude Eases
NSE IPO Sets Retail Allocation Record Amid Strong Subscription
NSE IPO Surpasses Hyundai, LIC and Paytm Subscription Records
